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MVTRAC Announces Investment by Bison Capital

Posted by on August 1, 2017 at 2:08 am

FOR IMMEDIATE RELEASE PALATINE, IL – 31 July 2017 – MVTRAC, a leading provider of license plate recognition (LPR) software and data solutions for auto financing and asset recovery agencies, announced the closing of a growth recapitalization of the company with Bison Capital Asset Management, LLC (“Bison Capital”). MVTRAC’s patented LPR solutions allow its customers […]

The 9th Annual North American Repossessors Summit Continues to Raise Bar for Recovery Industry

Posted by on July 31, 2017 at 3:04 pm

NARS 2017 proves to be bigger and better than ever before DALLAS, Texas – July 31, 2017 – The North American Repossessors Summit (NARS), an industry event hosted by American Recovery Association, Inc. (ARA) and sponsored by Harding Brooks Insurance, is proud to announce the success of NARS 2017. The 9th annual event ushered in a […]

What Happens When the Professional Repossession Industry Dies?

Posted by on July 26, 2017 at 5:14 pm

EDITORIAL Well, this isn’t likely to help in my job hunt in lending and collections, but I’ve got to get it off my chest. A friend of mine who works in a repossession related business, recently had a meeting with a leader of a large financial organization who assigns their work through a large forwarding […]

PAR North America Assists the RABF With a Significant Donation and Pledges Future Support!

Posted by on July 25, 2017 at 1:01 pm

Jeff Sibbet, Director of Recovery Services for PAR North America reached out to the Recovery Agents Benefit Fund with exciting news of their support for the RABF at their recent Agent Networking Event and Golf Outing held in Indianapolis, Indiana in June; along with news of their planned continued support of the fund and this […]

Response to Pennsylvania forming CFPB

Posted by on July 24, 2017 at 5:17 pm

FOR IMMEDIATE RELEASE There is big news out of Pennsylvania this morning affecting the financial Institution and third-party service provider world. Pennsylvania Attorney General Josh Shapiro announced the formation of a State of Pennsylvania Consumer Finance Protection Bureau.   Read More!

Women in the Repossession Industry – Making their Mark

Posted by on July 22, 2017 at 8:37 am

Joan Hudson is a legend in the repossession industry and has definitely made her mark as a role model for getting involved and making things happen.  She was a pioneer in a male dominated industry and committed herself to educating others about the repossession industry. She is currently the owner of A.R.B. of Louisiana and […]

Repo Man Shoots Family Dog – Accusations Ensue

Posted by on July 18, 2017 at 8:15 am

Detroit, MI – 17 July 2017 – A repo man said when he pulled up to repossess a vehicle in Detroit, he had no choice to but to shoot a family’s dog that he says was ready to attack. But the owner of the dog says that’s not true – from the back of a […]

The $500 Repo Fee

Posted by on July 17, 2017 at 4:47 pm

Editorial $500 repo fee. Sounds pretty radical, doesn’t it? Well, really, it’s not. I imagine every one of us has had a father or grandfather who tells us how candy bars used to cost a nickel and gas was a quarter a gallon. Well, they’re usually telling the truth. These changes are reactionary to operational […]

Pressing Issues of Our Time

Posted by on July 16, 2017 at 12:11 pm

FOR IMMEDIATE RELEASE As we quickly approach the arrival of our 9th anniversary of the first North American Repossessors Summit (NARS), I thought I would reflect some on where we are today as an industry. For starters, many of the people who attended the first conference are no longer in the business, and I am […]

KY Repo Man Threatened and Beaten at Gunpoint

Posted by on July 14, 2017 at 11:52 am

Hopkinsville , KY – 14 July 2017 – Two Hopkinsville residents were arrested Wednesday after they reportedly assaulted and held a gun on a man trying to legally repossess a vehicle.   Read More!

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